Palladyne AI Corp. (PDYN) stock
PDYNNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 11/3032% below fair value
$3.09−0.15 (-4.63%)
Close on Nov 13, 2026Market cap $152.46MP/E –Yield –
Palladyne AI r&d expenses
Research and development expenses are spending on new products and technology.
Palladyne AI's R&D Expenses for the twelve months ending Sep 30, 2026 was $15.98M, up 35.9% year over year. For fiscal 2025 it was $12.90M, up 23.6% from the year before. The highest annual figure on record is $39.01M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.90M | +23.6% |
| FY2024 | Dec 31, 2024 | $10.44M | -73.2% |
| FY2023 | Dec 31, 2023 | $39.01M | +14.3% |
| FY2022 | Dec 31, 2022 | $34.14M | +94.9% |
| FY2021 | Dec 31, 2021 | $17.52M | +24.1% |
| FY2020 | Dec 31, 2020 | $14.12M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $3.99M | +26.8% |
| Q2 FY2026 | Jun 30, 2026 | $4.33M | +38.4% |
| Q1 FY2026 | Mar 31, 2026 | $3.91M | +36.1% |
| Q4 FY2025 | Dec 31, 2025 | $3.76M | +43.9% |
| Q3 FY2025 | Sep 30, 2025 | $3.15M | +21.8% |
| Q2 FY2025 | Jun 30, 2025 | $3.13M | +33.1% |
| Q1 FY2025 | Mar 31, 2025 | $2.87M | -0.9% |
| Q4 FY2024 | Dec 31, 2024 | $2.61M | -66.9% |
| Q3 FY2024 | Sep 30, 2024 | $2.58M | -74.2% |
| Q2 FY2024 | Jun 30, 2024 | $2.35M | -79.9% |
| Q1 FY2024 | Mar 31, 2024 | $2.90M | -69.2% |
| Q4 FY2023 | Dec 31, 2023 | $7.89M | -22.6% |
| Q3 FY2023 | Sep 30, 2023 | $10.01M | -4.6% |
| Q2 FY2023 | Jun 30, 2023 | $11.71M | +54.7% |
| Q1 FY2023 | Mar 31, 2023 | $9.40M | +59.9% |
| Q4 FY2022 | Dec 31, 2022 | $10.20M | +66.7% |
| Q3 FY2022 | Sep 30, 2022 | $10.50M | +131.8% |
| Q2 FY2022 | Jun 30, 2022 | $7.57M | +86.7% |
| Q1 FY2022 | Mar 31, 2022 | $5.88M | +108.9% |
| Q4 FY2021 | Dec 31, 2021 | $6.12M | +113.3% |
| Q3 FY2021 | Sep 30, 2021 | $4.53M | -1.7% |
| Q2 FY2021 | Jun 30, 2021 | $4.05M | – |
| Q1 FY2021 | Mar 31, 2021 | $2.82M | – |
| Q4 FY2020 | Dec 31, 2020 | $2.87M | – |
| Q3 FY2020 | Sep 30, 2020 | $4.61M | – |
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